Oil Canada

Trump's 'America First' Speech Has Oilsands On Edge

CP | The Canadian Press | Posted 01.21.2017 | Canada Business

It's a "wakeup call" for Canada, says industry group's president.

Canada Making Mistake With Reliance On Oil, Housing: Think Tank

CP | Bruce Cheadle, The Canadian Press | Posted 12.02.2016 | Canada Business

Canada risks falling behind if it doesn't develop its human resources, report argues.

OPEC-Hating Trump Could Be Good News For Canada's Oilsands

CP | Dan Healing, The Canadian Press | Posted 11.10.2016 | Canada Business

CALGARY — Donald Trump's hostility toward trade with OPEC oil producers and interest in the U.S. energy security could boost demand for Canadian oil...

Calgary's Job Crisis Far Worse Than Other Oil Cities: BMO

The Huffington Post Canada | Daniel Tencer | Posted 10.12.2016 | Canada Alberta

A lesson in the hazards of putting all your eggs in one economic basket.

Canada Won't Need New Pipelines For A Decade, Finance Dept. Says

CP | The Canadian Press | Posted 07.12.2016 | Canada Business

Take your time, energy companies.

Take A Back Seat, Oilsands: U.S. Is The New Saudi Arabia

The Huffington Post Canada | Daniel Tencer | Posted 07.07.2016 | Canada Business

The world has 70 years' worth of oil left, study says.

Warning Sign: Banks Place Canadian Oil Companies On Watch List

CP | Ian Bickis, The Canadian Press | Posted 03.08.2017 | Canada Business

CIBC, RBC, Scotia each added nine oil firms to their watch lists. The companies' names are secret.

Why Canada's Oil Patch Isn't Worried About The Paris Climate Agreement

CBC | Posted 12.15.2016 | Canada Business

There was no tearing of hair or gnashing of teeth in the energy sector on Monday as details of the Paris agreement were digested. Shares in energy c...

Oilpatch Spooked By Prospect Of Another Prime Minister Trudeau

CP | Alexandra Posadzki and Lauren Krugel, The Canadian Press | Posted 10.15.2016 | Canada Business

The prospect of a change in government has at least one oilpatch CEO spooked. Grant Fagerheim, the chief executive of Calgary-based oil and gas produ...

Canada's Oil Industry Slashes Its Long-Term Growth Forecast

CP | Lauren Krugel, The Canadian Press | Posted 06.09.2016 | Canada Business

CALGARY - Canada's biggest energy industry group is predicting a slower pace of growth in Canada's oil sector because of the steep drop in oil prices....

Canada's Economy Shrinks Amid Widespread Slowdown

The Huffington Post Canada | Daniel Tencer | Posted 03.31.2015 | Canada Business

Canada's economy shrank in January, declining by 0.1 per cent following 0.3-per-cent growth in December, StatsCan said Tuesday. Declines were not l...

Oilsands Face $121 Billion In Lost Cash If Prices Stay Low

The Huffington Post Canada | Daniel Tencer | Posted 02.25.2015 | Canada Business

The amount of money flowing into Canada’s oilsands will drop by nearly two-thirds in the next few years, but prices are just high enough to keep pro...

This Is Why A Falling Loonie Won't Rescue Canada's Economy

The Huffington Post Canada | Daniel Tencer | Posted 01.16.2015 | Canada Business

Until a few months ago, the complaint that Canada’s economy isn’t diverse enough, and is too reliant on energy exports, seemed to be a purely acad...

3 Provinces Top The World In Economic Performance

CP | Julian Beltrame, The Canadian Press | Posted 07.15.2014 | Canada Business

OTTAWA - A new report from the Conference Board puts Canada's three oil rich provinces on top of the world in terms of economic performance.For the re...

Rail Oil Shipments Are Going Nuts

CP | The Canadian Press | Posted 07.06.2014 | Canada Business

VANCOUVER - There has been a nine-fold increase in Canada's oil-by-rail exports over the past two years.Data released by the National Energy Board say...

Post Lac-Megantic Let's Talk Fact, Not Fantasy

Michel Kelly-Gagnon | Posted 07.12.2013 | Canada Business
Michel Kelly-Gagnon

The fact that the Lac Megantic rail tragedy hit so close to home should motivate us that much more to find solutions to keep such things from happening again. What's really inappropriate is pushing fantasies -- such as "freeing ourselves from our dependence on oil" -- when we're faced with a very real problem. In the short- and medium-term, oil will continue to be a part of our lives. All methods of transporting oil will remain relevant and necessary for some time yet. Pipelines, though, have the advantage of being by far the safest method of transportation.

Why Canada Should Cozy Up to the Middle East

Zach Paikin | Posted 06.05.2013 | Canada
Zach Paikin

Canada as long been a diplomatic player -- albeit a small one -- in the Middle East. In helping maintain a stable geopolitical order, Canada can become a stronger economic player in this region.

A "Groundswell" of Talks for the Great Bear Rainforest

Rick Buckman Coe | Posted 04.23.2013 | Canada Music
Rick Buckman Coe

Between 1999 and 2010, Enbridge has had over 800 oil spills. Enbridge has spent almost $5 million on its greenwash campaigns trying to convince us they are following an "unwritten code of conduct" and have learned about "integrity and respect." Regardless, the movement against the Enbridge pipeline as well as the Kinder Morgan Pipeline is growing.

Grab Your Goggles, We're Swimming in Oil

Peter Hall | Posted 02.19.2013 | Canada Business
Peter Hall

Surprise of the year: World oil production is rising more than was forecast. A shock? No, that's what happens when prices spike. What is surprising is that it's occurring right in our backyard -- in the good ol' USA. The bottom line? How quickly we have gone from running out of oil to being awash in the stuff. Maybe the surprise is that we are surprised that history is merely repeating itself!

China National Oil Company Takeover of Nexen Will Be Costly for Canada

Fred McMahon | Posted 10.27.2012 | Canada Alberta
Fred McMahon

In the debate as to whether Canada should sell Nexen oil company to to China National ignores one important factor: CNOOC is state-owned. The "company overview" on CNOOC's website clearly states that its top executives are members of China's ruling Communist Party. Therefore, in effect, Nexen would become a "crown" corporation, but one controlled by the government of China instead of Canada. While government should stay out of the way of true market transactions, takeovers by state-owned companies are simply not in the best interest of Canadians, given the long sorry record of such companies.

Where Christy Clark Went Wrong

David Suzuki | Posted 10.08.2012 | Canada Politics
David Suzuki

B.C.'s premier Christy Clark was right to walk away from a national energy strategy promoted by Alberta's Alison Redford at a provincial premiers' meeting in Halifax in late July. She just did it for the wrong reasons. Clark should have renounced the proposal because it's focused more on tar sands, pipelines, and markets than on getting Canada's greenhouse gas emissions under control.

Mulcair's Ploy to Spread (Dutch) Disease

Daniel D. Veniez | Posted 07.18.2012 | Canada Politics
Daniel D. Veniez

NDP leader Thomas Mulcair's recent meditations on an economic phenomenon known as "Dutch Disease" illustrates again that the NDP and their new leader are far from ready for prime time. That does not mean there is not a kernel of truth in Mulcair's statements.

Feds' Environmental Report Slammed As 'Fictitious'

CBC | Posted 05.13.2012 | Canada Politics

A report from the Commons environment committee has government MPs calling for the Canadian Environmental Assessment Act to be "modernized" and the op...

Rally to Restore Sanity in Canada's Oil Industry

David Suzuki | Posted 04.16.2012 | Canada
David Suzuki

The government falsely accuses us of wanting to shut down all industry and call us hypocrites because we are unable to completely disengage from the fossil fuel economy. They can say we're radical if it makes them sleep better at night, but we prefer the term "rational."

If We're Planning Pipelines, Why Is Canada Importing Oil?

CBC | Posted 03.26.2012 | Canada Politics

Proposals to build new pipelines to carry oilsands crude to the United States, or through British Columbia for export to Asia, have sparked political ...